NOT LISTED FOR SALE
6 Beds
5 Baths
1,860 Sq Ft
6,251 Sq Ft Lot

Sale Details

Date Sold: June 1, 2023

Last sale price $1,395,000 $750 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-Story Property
  • Laundry Facilities

About This Home

As of June 2023

Renovated! This investment opportunity consists of a Single-Family Home + 3 Units (in back) in the exclusive Talmadge submarket of San Diego, CA. The house and all of the units have been tastefully renovated by the current ownership. The SFR and the main duplex was built around the same time. A garage was converted to a Bonus unit (Non-conforming) many years ago, which might be easy to convert to a legal ADU. The main house is a 1,100 sq.ft. Three Bedroom 2 Bath residence. The middle duplex are two (2) 462 sq.ft. 1 Bedroom/1 Bath apartments. The bonus unit is 323 sq.ft. All of the units are on Month-to-month leases, except for the bonus unit which expires in 2024).

Last Agent to Sell the Property

Dave Plutner

DP Properties License #01273425 Listed on: 05/03/2023

Last Buyer's Agent

Adam Wolf

Redfin Corporation License #01978674

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50x122
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23
  • Assessor Parcel Number 4711321300

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Gardener Expense $1,200
  • Insurance Expense $1,430
  • Water Sewer Expense $3,023
  • New Taxes Expense $16,461
  • Operating Expense $25,359
  • Gross Income $90,967
  • Net Operating Income $65,608

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

6,251 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 4.70
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3023.00
  • Zoning: r-2
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4711321300
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 750.00

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 50x122
  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1435

Multi Family

  • Average1 Bed Area: 468
  • Average2 Bed Area: 912
  • Electric Expense: 300.00
  • Gross Income: 90967.00
  • Gross Scheduled Income: 93780.00
  • Insurance Expense: 1430.00
  • Lot Size Area: 6251.0000 Square Feet
  • Net Operating Income: 65608.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25359.00
  • Rent Control: No
  • Total Actual Rent: 7815.00
  • Total Expenses: 25359.00

Tax Info

  • New Taxes Expense: 16461.00
  • Tax Lot: 1
  • Tax Tract Number: 23.1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Bought by

Purchase Details

Listed on
May 3, 2023
Closed on
May 15, 2023
Sold by
Bought by
Seller's Agent
Dave Plutner
DP Properties
Buyer's Agent
Adam Wolf
Redfin Corporation
List Price
$1,395,000
Sold Price
$1,395,000
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2018
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 22, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 1991
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,395,000 Chicago Title
-- Fidelity National Title Co
-- None Available
-- None Available
-- Title 365
-- Title 365
$495,000 Title 365
-- Multiple
$190,000 American Title Co
$180,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $832,000
Closed $795,000
Previous Owner $345,900
Previous Owner $371,250
Previous Owner --
Previous Owner $441,000
Previous Owner $152,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2023 06/01/23 Sold $1,395,000 0.0% $750 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $1,395,000 -- $750 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $18,780 $1,480,384 $981,617 $498,767
2025 $17,567 $1,451,358 $962,370 $488,988
2024 $17,567 $1,422,900 $943,500 $479,400
2023 $7,088 $571,807 $294,566 $277,241
2022 $6,901 $560,596 $288,791 $271,805
2021 $6,854 $549,605 $283,129 $266,476
2020 $6,772 $543,970 $280,226 $263,744
2019 $6,652 $533,305 $274,732 $258,573
2018 $6,223 $522,849 $269,346 $253,503
2017 $6,075 $512,598 $264,065 $248,533
2016 $5,978 $502,548 $258,888 $243,660
2015 $5,890 $495,000 $255,000 $240,000
2014 -- $233,540 $122,917 $110,623
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2303240

California Regional Multiple Listing Service (CRMLS)

APN: 471-132-13-00

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